By thecitysecret Ltd Introduction Over the past 20 years trading systems have not changed radically in terms of appearance, although the amount of available data has greatly increased. There are countless examples of overly-complex, multi-tabbed interfaces each with an array of grids, sub grids, drop-downs, tick boxes and confusing graphs. These are normally accompanied […] Read more »
Special Situations Funds Ride The Wave Of M&A In February
From Lyxor Asset Management The Lyxor Hedge Fund Index was up +1.9% in February, bringing year to date performance to +1.45%. 11 Lyxor Strategy Indices out of 12 ended the month in positive territory, led by the Lyxor Special Situations Index (+3.48%), the Lyxor CTA Long Term Index (+3.4%) and the Lyxor L/S Equity […] Read more »
Why Have Institutions Stuck With Hedge Funds? Graphic Of The Day
From Preqin Hedge Fund Portfolio Performance Relative to Expectations of Institutional Investors, 2008 – 2013 Read more »
85% Hit Rate Pays Off For CTA Warren Capital
By Kamran Ghalitschi, publisher of HedgeNordic In another year turning out to be challenging for Managed Futures, the Nordic Hedge Index CTA sub index just managed to creep into positive territory for the year, largely picking up some tailwind from trends in equity markets. Warren Capitals two CTAs outpaced the index, clocking in the better […] Read more »
Long Term CTAs Down Ugly As Short Term CTAs Hold On In January
From Lyxor Asset Management The global economy finished was down only -0.4% in January, outperforming the MSCI World down -3.8%. 8 Lyxor Strategy Indices out of 12 ended the month in positive territory, led by the Lyxor Fixed Income Arbitrage Index (+1.74%), the Lyxor Merger Arbitrage Index (+0.92%) and the Lyxor L/S Equity Market Neutral […] Read more »
Lyxor AM Emphasises Special Sits Managers For 2014
From Lyxor Asset Management The global economy finished on solid footing in 2013 and growth is set to maintain a healthy pace in 2014. Demand in the developed economies is recovering steadily aided by supportive policies which have helped smooth the deleveraging cycle. Growth in the US is leading other regions and is helped by […] Read more »
Event Driven Round Up
From Lyxor Aset Management: The Event Driven space also produced solid results in October. Special Situation funds returned 1.1% (10% YTD). These funds are becoming like more traditional L/S equity managers. They maintained a net equity exposure at 44% and net credit exposure of 19%. Merger Arbitrage funds were up 1.4% but managers reduced risk, […] Read more »
Asian Hedge Fund Trends Include Consolidation Pressure
By GFIA of Singapore Historical overview GFIA began coverage of the Asian hedge funds industry in September 1998. At that time the industry was tiny and all participants mostly knew each other. The Asian crisis was still unfolding, and the industry was a collection of maverick specialists. It was another five years before the industry […] Read more »
Managed Futures Tipping Point?
By Hedge Fund Insight staff In September managed futures put in their fifth consecutive month of back-to-back losses. The bigger CTAs in aggregate have lost just over 6% so far in 2013. Smaller CTAs have suffered loses too, with their NAVs off just short of 3% in the YTD period. According to eVestment the hedge […] Read more »
GAM Insight – Equity-hedged and event-driven managers winners in September
From Global Asset Management Many equity-hedged and event-driven hedge funds have continued to hold and increase positions during September, and were rewarded as several equity events occurred and markets moved higher. Anthony Lawler, portfolio manager at GAM, comments that he expects to see the trend of equity-hedge and event-driven funds out-performing other hedge fund strategies […] Read more »